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Pubs & Taverns

Royal Hotel

202 Victoria Street, Taree, NSW

Pubs & Taverns

Royal Hotel

202 Victoria Street, Taree, NSW

Private Treaty

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Key investment considerations include:
 
  • Demonstrable gaming upside and rapid upwards trading trajectory:
    – 12 highly valuable, Band 3, Mid-Coast LGA Poker Machine Entitlements
    – #605 in most recent OLGR rankings. Up 400* places with recent game upgrades
    – Currently producing circa $22,500* per week in gaming revenue
    – Second highest performing gaming hotel in the Mid-Coast LGA (per machine basis)
    – 3am trading permitted on the licence
    – Brand new Aristocrat machines across the floor
    – TiTo and CRT only recently installed
    – Very strong gaming LGA (excellent gaming demographics)
    – Band 3 zoning restrictive to new competition
  • Main street location with very high pedestrian traffic in the main commercial core
  • Large 1,638sqm* property holding with substantial underlying land value
  • Extensive beer garden with Manning River frontage
  • Scope to increase revenue with food and short-stay accommodation (S.T.C.A.)
*Approx.

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